National Beverage (FIZZ) Tax Rate (2010 - 2026)

National Beverage's Tax Rate history runs 17 years deep, the most recent figure standing at 23.6% for Q1 2026.

• In Q1 2026, Tax Rate fell 12.0% year-over-year to 23.6%; the TTM figure through Jan 2026 stood at 23.96% (up 185.0% YoY), while the FY2025 annual figure was 23.79%, up 218.0% from the prior year.
• Tax Rate came in at 23.6% for Q1 2026 at National Beverage, roughly flat from 23.62% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 25.06% in Q2 2025 to a low of 9.4% in Q2 2022.
• A 5-year average of 22.36% and a median of 23.51% in 2022 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate plunged 1434 bps in 2022 and jumped 1516 bps in 2023, its largest moves.
• National Beverage's Tax Rate stood at 23.32% in 2022, then declined by 1 bps to 23.2% in 2023, then climbed by 1 bps to 23.42% in 2024, then climbed by 1 bps to 23.62% in 2025, then declined by 0 bps to 23.6% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 23.6%, 23.62%, and 23.63% for Q1 2026, Q4 2025, and Q3 2025 respectively.

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